Panama Real Estate Companies » Real Estate Projects

Playa Corona project will be slated

admin — Sun, 12 Jul 2009 18:50:39 +0000

A new project is now come into existence for Playa Corona, San Carlos. It costs approximately USD 14 million estimated by the promoters that are doing this project. The new project is entitled Condo Hotel Iibza Playa Corona that will start its construction part by the late end of year 2010. It is estimated to occupy a wide area of 500,000 square meters and it will run along with the other real estate project over here in the great place of Playa Corona, Rio Mar, Farallon. The complete work will be occupied by the promoters and they will significantly play the major role in order to development of this project.
The project is now ready for the construction and the promoters are doing their huge part to build the tower of 12 floors with apartments nearby of 1 to 3 bedrooms and major features. The prices ahs not been decided, yet but it will be approximately up to USD 84,000 and the amount could go up depend upon the circumstances.
Entire project will call the marketing director and member of the advertisement board name to Eynar Gonzalez who will work through the development and initialize the employment with the resident’s area. He will also take responsibility of the construction, maintenance and highly secure security. The director of marketing for Nikki Beach Playa Blanca has renounced that it is going to be the next well known destination for the tourist and people who always seeking a place to live their entire life in peace and luxury.

What You Can Expect in First Phase of Howard Project

admin — Tue, 28 Apr 2009 17:38:13 +0000

Project Panama Pacifico has started in November 13, 2008 at the former US air force base at Howard near Panama Canal. Since the inception of the project, government of Panama had made a deal with UK based real estate developers London & Regional Properties with a hefty US$ 750 million. This is one of the biggest developmental projects in any part of the world. More than 2750 acres of land was earmarked for the entire project.
The Panamanian government made a public-private partnership with the London & Regional for the project and formed AAEEPP (Panamá-Pacífico Special Economic Area Agency), a governing body to supervise the works. It will develop the land in 40 years. The infrastructure at the commercial and residential sites will be of highest standards according to international level.
Gilberto Ferrari, the administrator of AAEEPP stated that nearly 450 million US dollars will be spent during the first phase of the Project Pacifico, where renovation of the existing airport will be taken care of. The domestic and the international terminal will feature state of the art technologies and smart interiors. The airport will become a hub for the regional air cargo transportation, as the existing Tocumen International airport will act as center for transport of air passengers. The Howard air force base is situated near the southwest area of Panama Canal and just opposite is the Panama City at the South East part of the canal. It is merely a 15 minutes flight from Howard base to the Tocumen airport.
Miguel Angel Claire, the other administrator at AAEEPP has stated that during the initial phase of first eight years, the London & Regional will invest US$ 60 million to build multi-utility offices, commercial spaces and warehouses.
It will also include developmental proceedings around Howards air strip to construct roads and other infrastructure improvement to connect the airport to the rest of the country. Supply of adequate potable water to the entire Project Pacifico will be developed during the first phase of the project. It will also encompass wastewater treatment facilities and sewerage networks.
When fully developed, Project Pacifico will cater employment of around 40,000 odd people. Therefore, public transport system has to be developed also. In the first phase, renovation of the existing roads of the former US base will be done. A comprehensive mass transport system to cover whole of the Howard area and connectivity to the Panama City will be developed.
The first phase of Project pacific will also include development of an International Business park, the Town Center, the Pan American Corporate Center and Kobbe Hills. The London & Regional will construct a new road in the west perimeter, underground power supply cables, initial telecommunication infrastructure, aqueducts, and improvements to the Andrews Boulevard.
Jaime Gilinski, the in-charge of the construction of Project Pacifico has stated that when completed, the modified town will become the model of logistic development for the rest of the world.
It has become a matter of immense interest from the investors throughout the world that how L & R works in the first part of the much hyped mini city in the Howard base.

Lagomar Properties announces condo sales for Hard Rock Hotel Panama

admin — Tue, 21 Apr 2009 21:49:22 +0000

Hard Rock Hotel Panama
The Lagomar property has announced the commencement for the hard rock hotel Panama, a luxuries hotel development on the Pacific Ocean. The tropical location combined with hard rock’s renowned offer you a unique destination resort for one of the world’s most globally recognized brands. It would be less than hour to take to reach the hard rock hotel Panama. The city will be located near Coronado beach.
The hotel will be situated near the lightly forest seaside and rainy equatorial region including miles of sparkling white sand beaches and towering palms. Brining the hard rock hotel in this side will definitely brings some significant changes as per the people are concern, who looking to enjoy at the most. The eco-sensitive design of the hotel will incorporate panama culture from Spanish to Kuna motifs within a good up to date.
Planned attractions currently including the huge foot pool and the two signature restaurants that feature the best South American chef’s and cuisine, a signature bar offering sophisticated adult nightlife adventure to this area. There are some great buildings are to be developed for the wedding ceremony and to enjoy for the several other occasions that helps people to group and enjoy. A small ballroom also is on site for more private, intimate affairs and there will be dedicated children’s areas and activities for family vacationers.
The resort is part of a planned destination complex currently set to include an 18-hole gold course. From rain forest to the desert oasis of Las Vegas, the wealth is experiencing the huge profit in this field for the development and the recreation work. Lagomar properties are committed to the ecologically vacation conscious vacations that to visitors from all over the globe. You can get information regarding it on the website that can also be guiding you for the selling broker information and about the Panama project.